Goldcana issues 10,000,000 shares to option La Sarre Gold Project in Québec
Bitget2026/09/30 21:46- Goldcana received CSE acceptance for an option to earn up to 100% of the La Sarre Gold Project in Québec’s Abitibi Greenstone Belt.
- Closing consideration included CAD 200,000 cash paid to optionors, tied to the option agreement dated Aug. 29, 2026.
- Deal terms include a 3% gross revenue royalty; 2% can be repurchased for CAD 1 million.
- Project covers about 48,615 hectares across 866 exploration rights; early-stage with no resources, reserves, or production history.
- Option agreement includes further cash payments, exploration spending, and milestone obligations to earn the full interest.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mortgage rates return to 7%, pending home sales in the US fall to nearly a twelve-year low
According to Freddie Mac data, the 30-year fixed mortgage rate has risen to 7.4%, the highest level in nearly three years. Data from real estate brokerage Redfin shows that the volume of existing home pending sales in September fell 4% month-on-month, marking the largest single-month drop in over three years and hitting the lowest level since 2014. Nearly one-fifth of sellers have reduced prices, and the home purchase contract cancellation rate has reached a record high of 14.5%. Inventory levels have risen to the highest since March 2020, but high financing costs continue to constrain transactions.
Mueller Water Products names Michael Morgan CFO, succeeding Melissa Rasmussen
GLD ETF Falls 0.6%
JPMorgan’s tokenized funds on Ethereum hold $844 million
Crypto prices
More
